2018 (2) TMI 1217 - SCH - Income Tax

Addition of excise duty - valuation of closing stock made u/s 145A - special audit scope - As decided by HC 2017 (8) TMI 188 - BOMBAY HIGH COURT tax audit report of the statutory auditor and the audit report of the Comptroller & Auditor General of India shows that the impact of inclusion of excise duty in the value of closing stock stands nil, hence no additions - Held that - Application for exemption from filing certified copy of the impugned order is allowed. Issue notice.

Summary

The Supreme Court heard the petitioner's counsel and allowed the exemption from filing a certified copy of the impugned order. Delay was condoned, and the case was tagged with Special Leave Petition (C) No.29570 of 2015.